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. >> is there anybody who thinks that raising taxes will help grow the economy? no, his plan is to continue what he has done before. the status quo has not worked. >> romney attacking someone on taxes? i mean, whoa. that's like me talking about being passionate in politics. >> reporter: romney's on a two-day bus tour in ohio. >> after four years of getting the runaround, what america needs is a turnaround. >> reporter: it's a tough state. ohio's unemployment rate is lower than the national average. in ohio, and seven other states today, the president releases another ad, slamming romney for dismissing the 47% of americans who don't pay taxes. romney's new ad will focus on struggling american families. >> ann romney made her debut appear's on "the tonight show with jay leno." and talking about the difference between mitt romney now versus two decades ago when the two first met. >> you guys have been married 42 years. you met in high school. >> met in high school. >> so, was it love at first sight? >> it was for me. we met at this party. i will tell you, my heart w
. >> is there anybody who thinks that raising taxes will help grow the economy? no, his plan is to continue what he has done before. the status quo has not worked. >> romney attacking someone on taxes? i mean, whoa. that's like me talking about being passionate in politics. >> reporter: romney's on a two-day bus tour in ohio. >> after four years of getting the runaround, what america needs is a turnaround. >> reporter: it's a tough state. ohio's unemployment rate...
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Oct 3, 2012
10/12
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richmond is now considering a similar program. >>> the sign of a tough economy. the alum rock union school district says it's eliminating 18 teaching positions and it's planning to combine dozens of classes. this is in an effort to cut down on spending. the district says these moves will help save them more than $1 million. school officials blaming shrinking enrollment will reduce the amount of funding from the state. >>> alum rock park in san jose is closed because of the ex-stream fire danger, extreme fire danger still in effect. >> you know just adjusting the thermostat in your home, kicking on that ac a degree or two difference is certainly noticeable. a ten-degree difference will definitely be noticeable. want to start with this live picture. i really wanted to hang on this shot. beautiful clear conditions over san francisco. you can make all the prominent features. the bridge, the bay. highly visible for now. fog returns tonight. say deal this morning in san jose. a nice clear start. tomorrow, mostly cloudy. that's how rapidly our weather is going to change
richmond is now considering a similar program. >>> the sign of a tough economy. the alum rock union school district says it's eliminating 18 teaching positions and it's planning to combine dozens of classes. this is in an effort to cut down on spending. the district says these moves will help save them more than $1 million. school officials blaming shrinking enrollment will reduce the amount of funding from the state. >>> alum rock park in san jose is closed because of the...
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Oct 3, 2012
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the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our financial system is connected with theirs. do you think any of the historical data takes on that shift that we have to deal with? no, do you think i would be ringing a gong five years ago? i think this is kind of a recent event you know. gong show. i cannot recall another time when the federal reserve is taking the step to lower the -- if the economy gets better. that means you have to lower stocks. history shows it has to be one. of course it didn't pay to sell those stocks in september. september is the worst month for investing. third, there is apple. we've never had a $600 billion stock before. we've never had a
the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our financial system is connected with theirs. do you think...
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Sep 26, 2012
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but given the fact that the nfl revenues are up even in a down economy might signal that fans just don't have that in them. back to you guys. >> thank you very much, chris. >>> too costly to do business, comcast says. that's the reason it's cutting up to a thousand jobs and shutting several call centers in northern california. here are the details. three call centers in morgan hill, livermore, and sacramento will close. the company is offering employee jobs at its other west coast offices including in portland, seattle, and denver. comcast does own nbcuniversal and this station. the economy has more than 5,000 employees in california. >>> again today, san francisco's board of supervisors considered altering its building code to allow the construction of the so-called microapartments. we simulated the 300-square-foot floor plan in this video with tape and a couple of volunteers. it fits about a ping-pong table and a small dining room table. the supes postponed the plan. opponents fear the units would boost population density and strain city services. >>> president obama and mitt romney ar
but given the fact that the nfl revenues are up even in a down economy might signal that fans just don't have that in them. back to you guys. >> thank you very much, chris. >>> too costly to do business, comcast says. that's the reason it's cutting up to a thousand jobs and shutting several call centers in northern california. here are the details. three call centers in morgan hill, livermore, and sacramento will close. the company is offering employee jobs at its other west...
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Sep 30, 2012
09/12
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economy and the nation's sky high jobless rate. friday brings the labor department's employment report for september. in august, there were fewer new jobs than analysts expected and more americans stopped even looking for work. we also get data on auto sales for september which are still expected to be strong even though a lot of the 2013 models are in showrooms now. minutes from the federal reserve's latest policy meeting will be released and we'll see where ben bernanke and the rest of the bankers see the economy headed right now and kraft foods will split into two separately traded companies. i'm tyler mathisen. get your business news on cnbc. >> a reminder you can get business and tech news before the bell weekdays on "today in the bay" starting at 4:30 in the morning. much more ahead on "today in the bay." race to the white house. candidates get some last-minute jabs before wednesday's big debate. >> good morning. i'm mike inouye. there's lots to do "today in the bay." let's start with the perfect mix of both sides of my life.
economy and the nation's sky high jobless rate. friday brings the labor department's employment report for september. in august, there were fewer new jobs than analysts expected and more americans stopped even looking for work. we also get data on auto sales for september which are still expected to be strong even though a lot of the 2013 models are in showrooms now. minutes from the federal reserve's latest policy meeting will be released and we'll see where ben bernanke and the rest of the...
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Oct 1, 2012
10/12
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. $10.3 million in this economy doesn't go as far as it used to, so i'm good. >>> governor jerry brown signing a couple of new bills into law this morning. we'll have all the details coming up next. >> reporter: and tonight the oakland a's could do it. they have one game closer to the playoffs. we'll tell you what will have to happen for the a's to move on. >> what will it take for you to log on to facebook this morning? you can get the latest news, traffic and weather. find us, nbc bay area. op & go t. you can't always avoid it. but you can always do something nice for your car. chevron with techron. care for your car. who are these guys? oh, that's just my buds. bacon, donuts. -my taste buds. -[ taste buds ] waffles. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? rookie. okay. ♪ nutty clusters and almonds, ♪ ♪ almonds. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. with 43% daily value of fiber for you. crunchy nutty clusters and real almond slices for your
. $10.3 million in this economy doesn't go as far as it used to, so i'm good. >>> governor jerry brown signing a couple of new bills into law this morning. we'll have all the details coming up next. >> reporter: and tonight the oakland a's could do it. they have one game closer to the playoffs. we'll tell you what will have to happen for the a's to move on. >> what will it take for you to log on to facebook this morning? you can get the latest news, traffic and weather....
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Sep 26, 2012
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economy that president obama once seen as his main focus. steve handelsman, new york. >>> britain is reportedly set to extradite the most recognizable extremist to the united states. a european court decision yesterday cleared the way for terror suspects to be extradited after an eight-year legal battle. he faces terrorism charges including allegedly helping set up a terrorist training camp in oregon and having a hand in kidnapping westerners in yemen. the men could be deported within weeks. they argue that long sentences in the u.s. would amount to inhumane treatment. but the court did not agree. he now faces life in prison in the united states if convicted. >>> too many sexual assaults in the ranks. the high rate is prompting defense secretary leon panetta to take action. panetta has ordered each branch of the army, navy, marine corps, and air force to improve prevention training. the goal is to make training better and more uniform. panetta says since so many assaults go unreported, there may have been as many as 19,000 attacks just last
economy that president obama once seen as his main focus. steve handelsman, new york. >>> britain is reportedly set to extradite the most recognizable extremist to the united states. a european court decision yesterday cleared the way for terror suspects to be extradited after an eight-year legal battle. he faces terrorism charges including allegedly helping set up a terrorist training camp in oregon and having a hand in kidnapping westerners in yemen. the men could be deported within...
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Sep 27, 2012
09/12
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all of a sudden the economy not the biggest topic anymore in the presidential race as more americans think things are getting better. the big jobs number, the new jobs created, the unemployment rate, that we will get next week. the dow industrials up about 49 points this morning. the nasdaq up about 20. >>> video for you this morning of a new app. it's called zbox. comcast and nbc, the parents of this tv station, have invested it in. it's an interactive app that follows along as you watch television. so, for instance, if you're watching msnbc right now, and i'm not suggesting you should, you would see what they're talking about along with a live twitter feed. and then when they mention somebody, say claire mccaskill, you can click on that. people start watching two screens, that's become very common. >> very interesting. thank you. >>> right now an update to a developing story. almost a done deal. a deal is now being put in place to bring pro refs back to the field in that nfl. it's a good time to say farewell to the replacement refs. now beat it. the nfl's regular crews will be back
all of a sudden the economy not the biggest topic anymore in the presidential race as more americans think things are getting better. the big jobs number, the new jobs created, the unemployment rate, that we will get next week. the dow industrials up about 49 points this morning. the nasdaq up about 20. >>> video for you this morning of a new app. it's called zbox. comcast and nbc, the parents of this tv station, have invested it in. it's an interactive app that follows along as you...
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Sep 28, 2012
09/12
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romney trying to pull ahead by hammering the president on the economy, telling veterans in virginia the national debt is more than just numbers on paper. >> trillion dollar deficits, that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> more than half the country has already started early voting. the first presidential debate on wednesday in denver. >>> the newest nobel peace price laureate will be right here in the bay area this weekend. she is a leader who is outspoken and a critic of the myanmar military. this marks her first visit to the u.s. since 1971. she will be speaking at the san francisco freedom forum this evening. tomorrow she'll address a crowd of about 5,000 at the university of san francisco. while both event are sold out, they're also being streamed online. >>> now reports that apple founder steve wozniak wants to become an australian citizen, scott mcgrew had to find out for himself. >> you met him at the airport. >> reporter: a reporter probably the last thing hematomaed to see but he was grarks, woz aullways is. he j
romney trying to pull ahead by hammering the president on the economy, telling veterans in virginia the national debt is more than just numbers on paper. >> trillion dollar deficits, that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> more than half the country has already started early voting. the first presidential debate on wednesday in denver. >>> the newest nobel peace price laureate will be right here in the bay...
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Sep 27, 2012
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i know what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families. >> don't forget, i got everybody in my state insured, 100% of the kids in our state have health insurance, i don't think there's anything that shows more empathy and care about the people of this country than that kind of record. >> reporter: still, president obama is furiously working to frame his opponent as out of touch. again, keying in on romney's comments seemingly dismissing 47% of americans who pay no income tax. >> i don't believe we are going to get very far if we've got leaders who write off half the nation as a bunch of victims who don't take responsibili
i know what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families....
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Oct 3, 2012
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the economy is in worse shape, the unemployment rate is in worse shape. national securitywise we're much more vulnerable. things are falling apart around the world in very key areas of the world, particularly with the middle east and with our ally israel. there's a lot of problems just right there that the american public is aware of. i think that's why you're seeing this race close, and ultimately mitt romney is going to win this election just because things are not -- barack obama can't close the deal that another four years is going to be any different than the last four which have not been good. >> you come off the campaign trail and have written a new book, "american patriots," about revolutionary america. why this subject, and why do you think the message resonates so much? >> you were out there and talking earlier about the campaign trail. that's what i talked about. a lot of mitt romney, you know, i've listened to a lot of his speeches. he talks about the same thing. this is a foundational election. this is an election about who we are. well, who
the economy is in worse shape, the unemployment rate is in worse shape. national securitywise we're much more vulnerable. things are falling apart around the world in very key areas of the world, particularly with the middle east and with our ally israel. there's a lot of problems just right there that the american public is aware of. i think that's why you're seeing this race close, and ultimately mitt romney is going to win this election just because things are not -- barack obama can't close...
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. >> bond supporters point out california needs to invest in infrastructure to keep the economy vibrant. and we need to remember not all debt is bad debt. there is some good debt necessary to keep people employed. >> california is in bigger trouble. the state budget task force points out there is more liability. it doesn't get counted including government retiree pension and health care costs and kbrinls more lawmakers rated for public schools and university that's will have to be paid back. the brown administration says it's aware of the wall of debt. governor brown slowed it down when taking office two years ago. in sacramento, abc 7 news. >> the debt is soaring. so are the temperatures. >> it's remarkably and warm right now. >> this is and it's slow to cool down. there are temperatures well into the 90s across the bay area. there is a live view right now from our camera looking towards golden gate you can see here the four ground and no fog at the coast so there is no cooling sea breeze to bring temperatures down. let's take a look at live doppler 7 hd that shows you absence of coast
. >> bond supporters point out california needs to invest in infrastructure to keep the economy vibrant. and we need to remember not all debt is bad debt. there is some good debt necessary to keep people employed. >> california is in bigger trouble. the state budget task force points out there is more liability. it doesn't get counted including government retiree pension and health care costs and kbrinls more lawmakers rated for public schools and university that's will have to be...
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Oct 2, 2012
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it is part of the economy, so housing could be a nice component. once again we're not europe so we're ok here. >> let's talk about what's going on with chrysler. >> sales are up 12 percent, it's amazing what happens when you build some nice looking cars. >> later we will get ford, they're not totally immune but we will see automakers' having issues going into foreign markets. >> is that our strongest manufacturer, cars? >> there's been debate as to whether not apple will be part of this dispute. >> i am more interested in goebbels' tablet that is coming out later this fall. it will be a $99 tablet. they came out with a great tablet. amazon continues to come out with my staff cuts. >> how does google make a profit on a $90 tablet? >> apple will tell them it's all about the maps. mobile devices will make the money. them up there been a lot of problems with apple iphone 5. is this a problem? >> apple has a lot of insidious. enthusiasts. >> we will check back at 9:15 a.m. and check out the winners and losers on wall street. >> the big story, lots of he
it is part of the economy, so housing could be a nice component. once again we're not europe so we're ok here. >> let's talk about what's going on with chrysler. >> sales are up 12 percent, it's amazing what happens when you build some nice looking cars. >> later we will get ford, they're not totally immune but we will see automakers' having issues going into foreign markets. >> is that our strongest manufacturer, cars? >> there's been debate as to whether not...
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Sep 26, 2012
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if this conflict continues it could mean trouble for japan's economy. barnes and noble is rolling out to new versions of its nook tablet. the new template includes new hardware and a sharper high- definition screen. the company says the new version will come into sizes' won a seventh change screen $199 for the other is the new agency comes with a 9 in. screen and starts at $269. barnes and noble is adding a video purchase and rental service but no word yet on when those new notes will be available. >> we will take a break still ahead on the kron for morning news two men arrested trying to still whole bunch of bull laptops from facebook. we have jackie sissel live at the scene there is a twist to the story you have to stick around to find out what happened there that has people at facebook raising eyebrows. also a look at was down a traffic moving all right we will get a check of eth traffic with erica and whether with george in just one minute. we're live here or conceive the lights downtown san francisco as to what it looks like this morning as you mak
if this conflict continues it could mean trouble for japan's economy. barnes and noble is rolling out to new versions of its nook tablet. the new template includes new hardware and a sharper high- definition screen. the company says the new version will come into sizes' won a seventh change screen $199 for the other is the new agency comes with a 9 in. screen and starts at $269. barnes and noble is adding a video purchase and rental service but no word yet on when those new notes will be...
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Sep 28, 2012
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today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is
today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000....
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Oct 3, 2012
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economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground states. although nationally it's a very close election, he's been hammered in the battleground states. the debates can be a great equalizer for him, but also that increases the pressure on him, whereas i think we are going to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsib
economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground...
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Oct 4, 2012
10/12
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growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get similar returns still from the high-yield area. high yield acts like equities. you're not really changing your risk profile there but i'm also really interested in the emerging market areas. >> but not china. >> not china itself. that's true. it depends on some of the monetary policy, changes they may now make. but at this point, no, i agree. >> we have to leave it there. you called the market right. you said 15%. that's where we are. thanks for being with us. >>> let's go to seema for a market flash. >> we got a lot of ipos this week.
growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get...
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Oct 3, 2012
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i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
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Oct 3, 2012
10/12
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even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the start of something worse. tonight we are going off the charts to figure out if the real estate investment stakes are done. he is a brilliant technician and perhaps the most reliable guy i have been dealing with on charts. take a look at the iyr daily chart. you can see that over the last few weeks this thing has been put through the proverbial meat grinder. is this a pull back off the recent time or are there signs of something more sinister? there is a developing head and shoulders pattern here. there you go. that is one of the most dreaded topping formations out there. n
even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the...
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Sep 28, 2012
09/12
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the securities and exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight cap
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Sep 26, 2012
09/12
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good about. i'm talking about unemployment. specifically, what we heard from paychex, the second largest pay rolling company in america. especially hiring small businesses, which irks main clients. last night we got results from paykhex and many considered it disappointing. now, i think paychex is a well-run business. while the company is facing a tough environment, the quarter wasn't terrible by any stretch of the imagination. it beat it by a penny on a 40 cents basis and 2% year over year. last time i thought that was the hugely important key metric. however, the growth year se
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good...
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Sep 26, 2012
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they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any particular confidence. if you're a businessman, you're the labor demand. you're not going to hire anybody without knowing. you're going to wait if you can. most of them can wait. it's just going to get worse. >> all right. gentlemen, thank you both. it is one of the real thorny issues of our time right now as we head toward the election. former credit investment banker was reportedly arrested earlier today by london police. u.s. authorities are criminally charged him back in february alleging he and two other creditors conspired to inflate the value of mortg
they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any...
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Oct 1, 2012
10/12
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KNTV
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. >>> it is 7:26. good morning, everybody, i'm jon kelly. this just into our newsroom, a fire that engulfed the cab of a big rig is out. you can see past the tower of the bay bridge, the smoke coming up here. this was shot just moments ago. that cab we're being told caught on fire at the intersection of 7th and middle harbor road. so far no injuries have been reported. for the latest, let's take you to our road warrior. >> this is the bay bridge toll plaza and the backup here obviously a concern. but from the toll plaza you can see that smoke you saw. i have marked it on the map just below where it says interstate 80. it's in the port of oakland again so it's not on 880 or the bay bridge but is clearly visible from the area. that's what the smoke is for. now we're looking at south 880, very slow from san leand
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. >>> it is 7:26. good morning, everybody, i'm jon kelly. this just into our newsroom, a fire that engulfed the cab of a big rig is out. you can see past the tower of the bay bridge, the smoke coming up here. this was shot just moments ago. that cab we're...
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it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who had some great conversations so what did you think of that gentlemen's analysis is that does he see it the same way you do as far as the impact of low rates and. yeah basically i agree with them if they work on first the chicken and egg scenario but if you are a prudent business manager you don't take on debt without a business case for and that if you do then you are manager and you will soon be out of business but what the government what the so what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money
it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who...
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Sep 26, 2012
09/12
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they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last two days, today, in fact over austerity measures being imposed as they try to balance their budgets. >> michelle caruso-cabrera, thank you for that update. beakers, i'm going to you. the worse things get, the more likely it will be that spain actually seeks a bailout, right? borrowing costs have to remain high. 32 basis points rose in spani
they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen...
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Sep 26, 2012
09/12
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KRON
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this could spell trouble for japan's economy. 2000 credit reports were looked at an discovered one of five people were going to get a score that was dramatically different. there are 49 different fica scores to determine your risk. the bureau says you should shop around in case of underseas a higher score than they think you have. >> people are still talking about the contention with the replaced and graphs and football. did not budge the nfl and talks with the referees. they have made no progress and the controversial monday night ruling. they said the pass was not to an interception. it was a touchdown and the seahawks get the win. there were four straight days of talks. they talked until midnight. there replaced and graphs will stay there. the replacement raffs referees will stay there. we will talk about what is up with the giants. >> we will take a quick break, we'll be back in a minute. here's a look break, we'll be back in a minute. here's a look outside there isthis is an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us bui
this could spell trouble for japan's economy. 2000 credit reports were looked at an discovered one of five people were going to get a score that was dramatically different. there are 49 different fica scores to determine your risk. the bureau says you should shop around in case of underseas a higher score than they think you have. >> people are still talking about the contention with the replaced and graphs and football. did not budge the nfl and talks with the referees. they have made no...
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Sep 27, 2012
09/12
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too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this message. >> he cracked it himself. carrie underwood was at a concert in louisville. there was kid in the audience, holding a sign that said will you be my first kiss? she pulled him on stage. here's what happened. >> 12 years old. >> you got a jump on me. i was 14 when i had my very first kiss. just so you know my husband is somewhere in this building, might be looking for you later. >> how are we going do this? >> lip to lip. >> this is the smartest kid ever! >> close your eyes. >> jimmy: he went for lips. let's show this that video. my research and development te
too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this...
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Oct 4, 2012
10/12
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KTVU
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economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is
economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar...
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where are they really talking about the economy it's not the economy stupid as they once said it's war and that's all they're talking about and that's an interesting point in terms of the economy what we've heard this conversation turned into is tax is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the consequences of what you essentially call it papering over of which. been a collapse after the panic of zero eight with fed policy and with stimulus and bailouts. well you're seeing it already with bernanke eased record low interest rates and saying that they're not going to go up there doing is they are flooding the economy with more cheap money and devaluing the dollar you know that i guess walking about gold sack how long now and what's gold you know it's it's seventeen seventy seven as we speak and here's our forecast by the way is gold closes out this week at over seventeen hundred and eigh
where are they really talking about the economy it's not the economy stupid as they once said it's war and that's all they're talking about and that's an interesting point in terms of the economy what we've heard this conversation turned into is tax is the candidates focused on their tax policies but none of it no amount of taxing is going to get the country out of its fiscal problems in terms of the debt that it faces i'm curious what you think we'll see in the next four years and terms of the...
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Sep 26, 2012
09/12
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and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be capable of dealing with diplomatic issues. >>> abe comes from a political family. his grandfather was prime minister, too. shinzo abe was the youngest prime minister of the postwar era. he took office at the age of 52. he visited china and south korea during his tenure and tried to improve relations. abe's grandfather nobusuke kishi led japan in the late 1950s. into 1960. his father shintaro abe served as a foreign minister. abe promised to use his experience to revise the constitution and to reform education. so abe has a lot of political know-how and a profile. shery ahn spoke earlier with our
and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be...
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Sep 27, 2012
09/12
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FBC
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looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
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also the new series about navigating the economy. how you can make a lot more money if you want to sell a family car. watch. we help double the value after abc >>> a question many people fighting to lose weight may want to ask. am i addicted to food? a new book seeks to answer that question and solve a problem. and abc's juju chang talked about her steps. >> kara admits whit came to food she was powerless. >> i would get wings, waffle fries with cheese and gravy. >> 22 and 316 pounds she decided to go on biggest loser. and lost 155 pounds. but soon, weight came back. she realized she was a food addict. dr. pete's new book describes how food is like a drug. >> how could a cupcake have the same qualities as cocaine. >> a combination of sugary, salty, fatty foods you're secreting lots of dopamine giving you a fantastic feeling of wow this, is wonder oofl for some people, pleasure receptors turn off, for others it keeps wanting more. but the doctor says you can retrain your brain using three m's. mind, mouth, muscles. >> there is one, st
also the new series about navigating the economy. how you can make a lot more money if you want to sell a family car. watch. we help double the value after abc >>> a question many people fighting to lose weight may want to ask. am i addicted to food? a new book seeks to answer that question and solve a problem. and abc's juju chang talked about her steps. >> kara admits whit came to food she was powerless. >> i would get wings, waffle fries with cheese and gravy. >>...
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Sep 27, 2012
09/12
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david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is reported, so they have a little bit more about lead, they are growing a little bit, which is good news in terms of the cash on hand. how much is that cash burn and will eventually begin to catch up with her. the subscriber base was up about 2 million. i want to go back to tim if i can. when you look at research in motion and their attempts to claw back from the whole they were sinking into, did you think that you have any chance of doing it? >> you hit it on the head. it is really a question of can you get the next product out, can you get new, you know, if a product transition and get
david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is...
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Sep 27, 2012
09/12
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on wall street today the numbers on home sales combined with europe's economy put a damper on stocks. the dow is down 44 to 13,413. the nasdaq is down 24 at 3,093. the s&p is down 8 to 1,433. >>> research in motion announced yesterday its number of subscribers gone up, that surprised analyst whose expected the number to go down. they closed at $7 a share. a gain of 40 cents. >>> i just want justice for the family. >> finally getting justice. the change of heart today in court by the teen accused of fatally hitting a father and his daughter. >> a cooler today across parts of the bay area. coming up, the temperature change you will notice tomorrow and how the forecast and fog will be for the morning commute. . >>> a 17-year-old driver admitted he is guilty and sorry for hitting and killing a father and daughter who were riding their bikes earlier this year. ktvu's eric rasmussen tells us what happened in court and what the teen wanted to do since the accident happened. >> i just want justice for us. >> reporter: outside court this woman said she is finally starting to get justice. six m
on wall street today the numbers on home sales combined with europe's economy put a damper on stocks. the dow is down 44 to 13,413. the nasdaq is down 24 at 3,093. the s&p is down 8 to 1,433. >>> research in motion announced yesterday its number of subscribers gone up, that surprised analyst whose expected the number to go down. they closed at $7 a share. a gain of 40 cents. >>> i just want justice for the family. >> finally getting justice. the change of heart today...
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Oct 2, 2012
10/12
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CNBC
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tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes even fifth. money managers perform the same check down too. we just don't call it that. you can follow along at action alerts plus, and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of a new quarter but what like to do at the start of the quarter is look at the win
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback...
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economy and if so do we all need to care about something like the i phone five launch or how something like the i phone's new features compare to competitors well if so here's a quick glance at your some it goes from here to here. just bigger screen goes from here. this is going to big screen this was a big one and we can share because it's silly to watch a video while you're sending an e-mail or you know for sure maybe not this time but the next. i was again comparing to samsung which ridiculed apple in that last ad and that companies have been going back and forth with litigation and kind of patent war but samsung is not the only one who has become more bearish on apple in fact entrepreneurial investor an analyst reggie middleton who mailed facebook by the way he did so on this show has been raising concerns about apple he is back back to tell us if he thinks apple's next big development will be what he calls i bubble or i pop event so first reggie middleton welcome back to the show thank you so much for being on today you're welcome to be that great we always love to have you and yo
economy and if so do we all need to care about something like the i phone five launch or how something like the i phone's new features compare to competitors well if so here's a quick glance at your some it goes from here to here. just bigger screen goes from here. this is going to big screen this was a big one and we can share because it's silly to watch a video while you're sending an e-mail or you know for sure maybe not this time but the next. i was again comparing to samsung which...